A Snapshot of How Gurgaon Startups Rocked in 2015

It is of common knowledge that Bengaluru, Delhi NCR and Mumbai are the three star hubs in the country for startups. While Bengaluru alone tops the charts with its startups receiving the highest amount of funding this year, Delhi NCR is closely following it with its enriching ecosystem of accelerators, investors and co-working spaces.

Even in the Delhi NCR region, Gurgaon in itself is coming up to be a popular startup hub. Over 80 investment deals happened in Gurgaon based startups in 2015.

The Investment Scenario

Over $1 billion was invested in Gurgaon startups across sectors in 2015, including food, grocery, logistics and eCommerce among others.

eCommerce: In eCommerce space, ShopClues, YepMe and LimeRoad hold position in top 10 companies which raised maximum funding this year. ShopClues raised $100 million, YepMe received $75 million and LimeRoad closed $30 million. Additionally, eCommerce company Snapdeal which has its headquarters in Delhi has also opened its office in Gurgaon this year.

Grocery: In Gurgaon, this sector was highlighted by the Grofers and PepperTap which raised $160 million and $50 million respectively. And, Gurgaon-based grocery ordering app, BigZop was acquired by Delhi-based company AUTOnCAB in a stock and cash deal.

Food: This year, startups including Yumist, Innerchef, BiteClub, Twigly Foods, Frsh, raised seed round of funding for their growth and expansion. Zomato, which was running out of a farmhouse in Chattarpur since inception, also shifted its base to Gurgaon in 2015.

Logistics seems to be the common factor among all above mentioned segments. Hyper local delivery startups in particular are making the food and grocery companies flourish. Can this small satellite city near the national capital become country’s top startup launchpad?